Advertisement
Shanghai Bao Pharmaceuticals Co., Ltd.

Shanghai Bao Pharmaceuticals Co., Ltd. (2659.HK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shanghai Bao Pharmaceuticals Co., Ltd..

2659.HKHKSE
HealthcareBiotechnology
HK$16.42
HK$0.26(1.61%)
Hong Kong Market opens in 39h 44m
Advertisement

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

2659.HK Technical Analysis Summary

Shanghai Bao Pharmaceuticals Co., Ltd. stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 19.99)
Trend Strength:Very Strong (ADX: 52.78)
Volatility:High (ATR: 2.37)
Support/Resistance:$14.96 – $24.00 (Bollinger Bands)

This mix signals that Shanghai Bao Pharmaceuticals Co., Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 19.99

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 5.97

Bullish
Oversold zone signals rebound potential.

Williams %R: -87.88

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -23.98

Strongly Bearish
Sharp downside momentum.

Takeaway:Shanghai Bao Pharmaceuticals Co., Ltd. shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -5.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 52.78

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.37

Medium
Medium volatility, healthy price movement.

CCI (14): -140.34

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Shanghai Bao Pharmaceuticals Co., Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.00
Middle Band (SMA 20)
$19.48
Lower Band
$14.96
Current Position
Within Bands

Takeaway:Shanghai Bao Pharmaceuticals Co., Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$25.36
Middle Line (EMA 20)
$20.62
Lower Channel
$15.88
Squeeze Status
Squeeze On

Takeaway:Shanghai Bao Pharmaceuticals Co., Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume5.28M
Money Flow Index39.55Bearish, selling pressure outweighs inflows.
Relative Vigor Index34.16Bearish, price momentum favors sellers.

Overall Takeaway:2659.HK shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Shanghai Bao Pharmaceuticals Co., Ltd., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Shanghai Bao Pharmaceuticals Co., Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ